18200 Grand River AveDetroit, MI 48223

For Sale
$379,000

8,600 SF, High-Traffic Location

Overview

Added:
Feb 13
Days on market:
29
This exceptional mixed-use property, located at 18200 Grand River Ave in Detroit, Michigan, presents a compelling investment opportunity. Boasting 8,600 square feet of space, this newly updated building is zoned for commercial use and offers significant potential for multi-tenant occupancy. Its prime location on Grand River Avenue ensures high visibility and accessibility, attracting a diverse range of potential tenants. The flexible layout is ideal for accommodating both commercial and residential uses, making it a versatile option for various business models and lifestyles. The ample square footage allows for customization to suit individual tenant needs, maximizing rental income potential. This property is situated in a high-traffic area of Wayne County, zip code 48223, offering excellent exposure and convenient access for businesses and residents alike. The standard ownership structure provides a straightforward acquisition process. This is an ideal opportunity for investors seeking a strong return on investment in a thriving Detroit location. The asking price is $379,000. This property is ready for immediate occupancy and offers a unique blend of commercial and residential potential.

Highlights

  • $379,000 asking price for an 8,600 square foot mixed-use property.
  • Located in a high-traffic area of Detroit, MI, at 18200 Grand River Ave, with excellent visibility and accessibility.
  • Newly updated, offering flexible layouts suitable for multiple commercial and residential tenants.
  • Zoned commercial, with ample space for various uses, making it ideal for long-term investment.

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4016055
Longitude
-83.219653
18200 Grand River Ave, Detroit, Michigan

FAQs

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18200 Grand River Ave
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